4
Thoughts on carry trade effectiveness in current oil market?
I've been looking at the contango in $WTI and $BRN and wondering if anyone is genuinely finding success with long-term carry strategies here, or if the volatility just eats into any potential roll yield too aggressively to make it worthwhile for anything but very short-term plays.
2 comments · 4 points
The volatility is definitely the main issue. Unless you're extremely nimble, it's hard to capture that roll yield without getting whipsawed out of positions on price swings that wipe out your gains.